INDUSTRY ANALYSIS: A CASE STUDY OF THE UK HOTEL INDUSTRY INTRODUCTION The hotel industry‚ (despite its importance to the UK economy) has not received the attention that it deserves from the central government at Downing Street. A report by the British Hospitality Association in 2010 showed that it has grown over the years to contribute 45 billion pounds to the UK economy. The hotel industry also employs about 3.64 million people both directly and indirectly making it the fifth largest industry in
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the private and public services such financial industry‚ health‚ defence and other services related sectors. http://tutor2u.net/business/gcse/external_environment_economic_sectors.htm accessed on 31st November 2009. MANUFACTURING INDUSTRY IN BRITAIN Industry is defined as a group of firms producing similar products with boundary of an industry determined by a gap in the chain of substitutes. All sectors of the economy can be referred to as an industry but emphasis lay with the secondary sector which
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Environmental 1) Restrictions in marketing to children 1) ethical and legal aspects should be taken in marketing to children; damage to company reputation in case of offence Economical 1) Recovery after recession and economic downturn 2) GDP growth 3) Industry trading deficit increased by 40% 1) rising costs and falling prices‚ currency rate volatility etc. 2) disposable income growth 3) price competition may take place Social 1) Less spending on toys and more confectionary‚ video game and consoles
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The implications of an ageing population for the UK economy Garry Young garry.young@bankofengland.co.uk The views expressed in this paper are those of the author and do not necessarily reflect those of the Bank of England. I am grateful to seminar participants at the Bank of England‚ Financial Services Authority and National Institute of Economic and Social Research and two anonymous referees for comments on earlier drafts. This paper has been prepared as background to a study on the implications
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Competitiveness of Automotive Industry in the UK 1. Introduction The automotive industry which has been treated as an imperative contributor to the global economy‚ plays an essential role supporting the growth of the UK’s economy. According to the figure provided by OICA (2009)‚ in 2008 this industry produced roughly 1‚649‚515 automobiles‚ ranking it 4th in Europe in terms of the whole output. Until now‚ there are about forty firms manufacturing vehicles in UK (LowCVP‚ 2010). In accordance with
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THE UK AIRLINE PASSENGER INDUSTRY Monday‚ November 1 2010 I. INTRODUCTION There are many factors that affect the everyday operation of a firm in an industry. These factors are both internal and external and hence a firm will need to adjust its strategies to accommodation both. However‚ in this paper I will be focusing mainly on the external factors that will affect the existence of a firm in an industry. (Cyert.R.M et al‚ 2003) II. DEFINITION OF THE UK PASSENGER AIRLINE INDUSTRY The
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insights into the UK construction industry‚ including: The UK construction industry’s growth prospects by market‚ project type and type of construction activity Analysis of equipment‚ material and service costs across each project type within the UK Critical insight into the impact of industry trends and issues‚ and the risks and opportunities they present to participants in the UK construction industry Analyzing the profiles of the leading operators in the UK construction industry Data highlights
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Strategic Management Analyse Home Retail industry using PESTEL‚ scenarios‚ 5 forces and strategic groups. October 11 of 2012 London‚ UK Introduction Retail stores‚ are one of the biggest and largest businesses around the world. They produce thousands of hundreds in revenues and they are some of the biggest employers industries. WALL-MART‚ IKEA‚ TESCO‚ ARGOS‚ MACYS‚ WALLGREENS and OFICCE DEPOT are some of the well-known retail stores that supply us every day with different kind of goods
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Industry analysis: According to report of Key Note about house building industry in 2012‚ the market has been affected by the crisis of economic in over the world and the national financial difficulties in recent years. The demand for new building new house significantly still require in high lever‚ however there are some barriers such as affordability and mortgage to obstruct the recovery of housebuilding market. Output value of UK housebuilding in 2012 reached £35.02bn and representing increase
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Report on Nando’s‚ a Hospitality Industry in the UK 1.0 Introduction The objective of this report is to analyse the hospitality and tourism consumer in a UK organisation that related to the hospitality industries. The report writer has chosen Nando’s; the organization is a hospitality industry (please refer to appendice 1.0). The first objective of the report is to analyse Nando’s communication activity from the perspective of the tourist decision making process. The writer analyses the communication
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